UOL Preview Avenue South Residence with starting price from $858,000

This residential development located at Silat Avenue has a 99-year lease of 1,074 Avenue South residence covered a range of residential units and nearly 10,000 square feet of commercial facilities, including a restaurant and a childcare centre.

Singapore listed real estate company UOL group will be launched on 30 August preview of 300 apartments, these apartments are located in the possession of the 99-year leases Avenue South residence. The project is located in Shi la Road (Silat Avenue), will have two floors of high-rise buildings, as well as 56 five four-storey apartment building, the retention of 1,074 set covered nearly 10,000 square feet of residential units and commercial facilities, including a restaurant and a childcare centre.

The UOL, Joint Industrial Group (UIC) and Kheng Leong Co to 20 to 30 50 proportion of joint development of the Avenue South Residence adjoining 24 kilometres of rail corridors (Rail Corridor) and South Coast region (Greater Southern Waterfront).

In order to meet the needs of different owners and investors, Avenue South Residence of a family is divided into three units, which are Heritage Collection, Horizon Collection and Peak Collection, they posted an average price per square foot, respectively, per square foot to $1,780 $1,980 and exceed US $ per square foot, a development projects, including one to four bedroom apartments, the area from 474 sq ft to 1,688 square feet each.

Avenue South Residence of about 70 per cent of homes by a bedroom and two bedroom composition, a bedroom and two bedroom starting at $858000 respectively, and $1.15 million. The project was funded by the PropNex Realty, ERA Network, SRI and Huttons Asia common promotion.

The National Day rally in 2019, Singapore Prime Minister Lee Hsien Loong, delivered the speech area of the southern coast of Singapore (Greater Southern Waterfront Transformation) positioned as the key to reconstruction projects.

From Singapore’s Gardens By The Bay to Pasir Panjang, Greater Southern Waterfront will span up to 30 kilometres of the southern coast, an area of 2000 hectares, is six times the size of the Gulf Coast, is also an area of Punggol two times. It includes PSA (PSA) in Tanjong Pagar and Keppel Bay in 2027, which will be relocated to the Tuas Pasir Panjang, will dock in 2040 before moving to the Tuas seaport.

On this news, SRI’s executive partner Ken Low said he expected Avenue South Residence, the average price per square foot will rise a lot. He said: “Our pricing is quite a surprise.”

According to him, SRI to Avenue South Residence hosted two games – a seminar for investors in the National Assembly, before another on the day after. Two seminars are at full strength.

He added that SRI last seen such strong demand is listed on the new J Gateway, which was introduced following the 2013 publication of the draft master plan Jurong Lake (Jurong Lake District) after planning.

Similarly, Chief Executive Officer of Realty PropNex Ismail Gafoor will also Avenue South Residence touted as “annual project,” as his team before a strong gain in preview


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